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This study from the World Bank calls for a rebalancing of policy discussions and shows how to use the three dimensions of density, distance, and division to tailor policy instruments to address integration challenges ranging from the relatively straightforward to the very complex.
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The Report examines five pivotal phases of life that can help unleash the development of young people’s potential …
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"This paper studies the relation between institutional investors and capital market development by analyzing unique …. Although pension funds may have contributed to the development of certain primary markets, these patterns do not seem fully … consistent with the initial expectations that pension funds would be a dynamic force driving the overall development of capital …
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"This paper argues that the dominant policy paradigm on financial development is increasingly insufficient to address … the past decades by a fundamental shift in thinking toward market-based financial development and a complex process of … paradigm and the emerging issues, which is illustrated by discussing challenges in three areas: stock markets, small and medium …
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, among others, the risk of missing the targeted groups. The author concludes with possible global actions aimed at improving …
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varies across industries, however. For some, small changes in financial development quickly induce entry and dissipate … political equilibrium level of financial system development. This may be perturbed by the effect of trade liberalization in the … change in the strength of promoters vis opponents is a very good predictor of subsequent financial development. The result is …
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